309 Riverside CtHeathsvilleVA22473
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Heathsville at 309 Riverside Ct, Heathsville, VA, 22473 listed at $250,000 pairs $1,560/mo rent with a $1,224/mo payment to leave $65/mo cash flow. Total monthly income runs $1,560/mo, and annual cash flow reaches $782/yr on $82,875 cash to close. Return on cash invested measures 20.85% in year one, and rental yield registers 7.49% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 107.68% and total cumulative return in cash totals $89,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22473, Heathsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,005 (100%) |
| Owner Occupied HU | 2,168 (54.1%) |
| Renter Occupied HU | 308 ( 7.7%) |
| Vacant Housing Units | 1,529 (38.2%) |
| Median Home Value | $363,682 |
| Average Home Value | $428,539 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,752
Multi-Family
28
Businesses
120
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Listed by: Ann Hergenreder • Keller Williams Richmond West
Mls Name: Northern Neck AOR
Mls ID: #118684
Disclaimer: Copyright Northern Neck Association of Realtors. All rights reserved. Listing information is deemed reliable, but not guaranteed.